Heads Up — FASB clarifies fair value measurement guidance
Published on:
01 Jul 2022
This issue discusses the FASB’s newly issued Accounting Standards Update (ASU) No. 2022-03, which (1) clarifies the guidance in ASC 820 on the fair value measurement of an equity security that is subject to a contractual sale restriction and (2) requires specific disclosures related to such an equity security.